Tag Archives: Housing

Marinaleda in the House

By Jonathan Donald Jenner

Everyone needs housing, and housing is canonized as a human right across many declarations including the Universal Declaration of Human Rights and the American Declaration of the Rights and Duties of Man. Yet across the globe, housing is largely distributed to individuals on markets, from private owners to private buyers.  Private owners have their own rights, which include the ability to exclude and the ability to set the rent too damn high. Save for those who profit from ownership of real estate, we’re all hurting. As we work to stop our hurting, we’ve got to recognize the good work of activists and organizations who are helping out those hurt the most.  But we’ve also got to bring ideas for structural change to the table, and expand our imagination beyond only shoring up the egregious offenses of an unjust system.  One shining example of a structural alternative to housing comes from the small village of Marinaleda, Spain.

Live in a three bedroom apartment for $22/month in Marinaleda, Spain. No joke & no gimmicks – just a municipal government that serves its citizens, not landlords.

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Abstract Labor: House Prices Won’t Be Rising for Long

[cross-posted]

James Hamilton, at Econbrowser, notes that he’s surprised by the 0.75% increase in average house prices (as measured by the S&P/Case-Shiller Index of twenty cities). He also says he’s skeptical because of the backlog of unsold homes, likely increases in foreclosures, and high, rising unemployment, especially since Calculated Risk is, too. I agree that there’s reason to be skeptical, especially since this rise in prices is likely to be a surge of people cashing in on the Obama stimulus package’s $8,000 tax credit for first-time home buyers, which expires this fall. If prices continue to rise beyond that critical point, I’d say my skepticism (and CR’s and Hamilton’s) are wrong.